Glencore plc (OTCMKTS:GLCNF) Short Interest Update

Glencore plc (OTCMKTS:GLCNF) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,954,300 shares, an increase of 26.0% from the February 13th total of 3,138,700 shares. Based on an average daily volume of 62,800 shares, the days-to-cover ratio is currently 63.0 days.

Glencore Stock Up 3.7 %

Shares of GLCNF stock traded up $0.15 during trading on Monday, reaching $4.23. The company had a trading volume of 189,640 shares, compared to its average volume of 37,669. The firm’s 50 day simple moving average is $4.33 and its two-hundred day simple moving average is $4.77. Glencore has a one year low of $3.96 and a one year high of $6.40.

About Glencore

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.